click to show more information

click to hide/show information About your Search

20121201
20121231
Search Results 0 to 11 of about 12
. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his business. >> we don't do that. as the consumer, i products to costumers like the big three, that in turn sell to the autowa industry. my biggest concern is how it will affect the psychology of the consumer. i've been surprised, susie, that people continue to buy autobiles. thatouldar is change dramatically. >> sue:e steve, to what extent are the ups and downs impacting your business day to day. >> i think people are holding back on making captain investments. i see that particularly in the building side. from my standpoint, i continue to invest around the world. i'll invest make sure i'm buying the strategies we laid up for the next three years. the qu
miller, nbr, new york. >> tom: the latest economic statistics the federal reserve can consider is the october trade balance, with american importing a record amount of stuff from china. that increased our trade deficit to $42.2 billion. u.s. exports fell 3.6%, the biggest drop in almost four years. imports also fell, down 2.1% to the lowest in 20 months. on wall street, the dow gained 78, the nasdaq rose 44, the s& up nine. >> susie: our next guest says the fed's stimulus policies have been good for the u.s. economy and the markets. he's mike holland, chairman of his money management firm, holland and company. >> susie: mike, you heard erica's report. which do you think is more important for investors, fed policy action tor the fiscal cliff talks? >> right now, susie, the fiscal cliff talks are clearly the item dejure for the stock market. i think most people expect exactly what eric miller was talking about from the fed. and bern bueno ben bernanke hasn transparent and telling people well in advance what he is going to do. the $85 billion should continue building up for our ta
.com and former detroit bureau chief for the "new york times," and by bill ballenger, editor of "inside michigan politics." welcome to you both. mickey maynard. first, this has all happened very quickly. what precipitated this right now. >> there were two things that happened, judy. first of all in november there was a ballot proposal that unions floated that would have outlawed right-to-work. it would have put that into the state constitution. that proposal failed because it was proposed at the same time as a lot of constitutional amendments. people just sort of cast one vote against all of them. the second thing that happened was republicans gave up some seats in the house and senate. it will still be a republican majority in january but it will be smaller. if right-to-work was going to happen this lame duck republican-controlled legislature was where it was going to happen. >> woodruff: bill, in a state that voted by ten points for president obama in november, it's a state that is striking a blow for right-to-work. how do you explain that? >> there was a mixeded result on november 6. i think
corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the final weekend has now arrived before the fiscal cliff hits on new year's day and with it, more than $600 million in tax hikes and spending cuts. in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middl
.5% by the end of next year. suzanne pratt, nbr, new york. >> tom: still ahead, could legalized recreational marijuana use become the new competitor for medical dope? we speak with the c.e.o. of marijuana products maker dixie elixirs. >> susie: american consumers did a bit of shopping in november after laying low the month before. retail sales rose three tenths of 1% last month, following a decline of the same amount in october. the pickup in november spending is a hopeful sign for an economy that many fear is slowing down. but retail experts say the trend can hardly be considered strong. >> it's muddling along. expectations were for 0.5% increase; it came in at 0.3% and that's off of a weak october. remember, october was quite weak. so, these are not robust numbers, they're not terrible numbers. it's a continuation of a sluggish consumer, that is still sluggish as the year wore on. >> susie: november sales were twice as strong if we don't include a big decline in spending at the pump. gas station sales posted their biggest drop in four years. instead of filling up, consumers bought cars, cl
and cool temperatures. perfect for a little spending. suzanne pratt, "n.b.r.," new york. >> well, if you driving to the mall, you are paying a lot less for gas, pump prices are plunging dropping seven and a half percent in november. the national average for gasoline is now $3.30 a gallon. >> and that is the main reason consumer prices were down last month. the index of consumer prices which includes everything from the cost of milk to the price of a haircut fell three-tenths of a percent, that is the largest drop since may. >> but here on wall street investors ignored that up beat news and were fixated on the stalled talks in washington about the fiscal cliff. >> the dow lost 36 points, the nasdaq down 21, the s and b 500 fell, s&p fell also. >> looking at the outlook for gas and oil prices, we turn to an oil analyst, founding partner at again capital. >> you know, john, i was thinking looking over these numbers a few weeks ago here in the northeast we were paying close to $5 a gallon for gasoline, of course it was because of hurricane sandy and standing in line, gas lines, and now this.
. >> school of business at dartmouth with us tonight in new york. sydney, nice to see you and welcome. you have four of the worst c.e.o.'s of the year, beginning with number 4, mark pincus, manager of zynga that relies on facebook for its success. what brought mark to your list. >> facebook and zynga announced they would go their separate ways and no longer be tied in and you can guess who that will affect more, facebook or zynga. one executive manager after another has left and that is always something i have seen as one of the reason warnings signs of something going wrong. along the way acquisition was made for $180 millujjy didn't take them more than half a year to write down 50% of the value of that acquisition. so it really look like a company that is floundering and mark pincus along the way ended out cashing out as quickly as possible raising eye browse in the possible. >> to the makeup industry and fashion. andrea young, the former c.e.o. of avon, still the chairman. this company rejected a buy outr offer earlier in the year when the share price was closeƑi to 3 where it is now.
: police in webster, new york, found human remains today in the burned-out home where a gunman ambushed firefighters on christmas eve. the victim appeared to be william spengler's sister. he left a note saying he wanted to burn down the neighborhood and kill people. spengler set fire to his house, then shot four firefighters-- killing two-- before killing himself. he had a revolver, a shotgun, and a bushmaster rifle, the same model used in the newtown school shooting. >> i can't tell you at this time what the victims were shot with. we assume it was the rifle because of the distance. it's going to go to the medical examiner. they'll have the autopsies done. >> holman: two firefighters remained hospitalized today in stable condition. the fire spengler set ultimately burned seven homes. the election commission in egypt confirmed today the new constitution won nearly 64% of the vote in a referendum. the panel also reported turnout was just a third of the country's 52 million registered voters. president mohammed morsi and his muslim brotherhood backed the draft constitution. opponents warn
: rising sea levels. today, new york city mayor michael bloomberg announced a new long-term initiative to protect the city from future natural disasters. he called for rebuilding vulnerable coastal areas, but dismissed again the idea of constructing a large sea-gate across the harbor. >> we're not going to abandon the waterfront. we're not going to abandon the rockaways or coney island or staten island's south shore. but we can't just rebuild what was there and hope for the best. we have to build smarter and stronger and more sustainably. >> woodruff: 350 miles south. the city of norfolk, virginia, is another coastal city vulnerable to sea level rise and extreme storms. but its mayor has said parts of his city might not be livable in the future. our producer, mike melia, traveled to norfolk recently to look at how it has been struggling with flooding and preparing for the next big storm. he worked with member station whro to bring us this report. it's part of our series-- working with public media partners across the country-- that we call "battleground dispatches." >> reporter: when r
: >> bnsf railway. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and friends of the newshour. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the remaking of the obama administration's foreign policy team began today as the president nominated massachusetts senator john kerry to replace hilary clinton as secretary of state. the former presidential candidate who lost to george w. bush in 2004 got the nod after u.n. ambassador susan rice withdrew her name. she'd faced republican criticisms over the benghazi terrorist attack. president obama made the announcement this afternoon at the white house. >> i am very proud to announce my choice for america's next secretary of state, john kerry. in a sense, john's entire life has prepared him for this role. havi
dividends in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: cliff or no cliff. still ahead, tonight's market monitor guest says stock prices and the economy will grow in 2013. hank smith of haverford trust joins us. >> tom: super storm sandy keeps showing up in some economic data. this time: consumer spending. spending fell 0.2% in october. it was expected to be up that much. stocks were mixed with continued nervousness about the fiscal cliff. the dow gained just three points, the nasdaq lost nearly two. the s&p 500 was virtually unchanged. on the week, the dow up just barely. the nasdaq the biggest gainer: up almost 1.5%, the s&p up half a percentage point. >> susie: investors took a bite out of yum brands today. the stock tumbled 10% after the parent of k.f.c. and pizza hut said its business in china is slowing. yum's c.e.o. warned that china sales will fall by 4% in the fourth quarter, that's a big drop from the same period a year ago when sales surged 21%. blaming the weak chinese economy, yum also said it plans to reduce the number of restaurant openings in the asian n
, new york, massachusetts, connecticut, and tennessee. a total of 40 schools will add at least 300 hours to the standard school calendar. the goal is to see whether more time will make american students more competitive on a global level. britain welcomed news today that prince william and his wife catherine are expecting their first child. the announcement said the 30- year-old mother is in the early weeks of pregnancy. she's hospitalized in london with a severe form of morning sickness, and she's expected to remain there for several days. the baby will be third in line to the british throne. prince charles is first, followed by william. those are some of the day's major stories. now, back to jeff. >> brown: how tough is too tough when it comes to sports and brain injuries? it's an issue we've followed over a number of years. today there was new data to chew on. week after week the big hits keep attracting big audiences to professional and college football. but concerns over head injuries in football and other sports have also continued. the connection between repeated blows and a degen
Search Results 0 to 11 of about 12